Energy & Utilities

Ghana’s wealth and potential of hydrocarbons resources have helped it leverage a spike in headline GDP growth and inbound investment. However, in recent years the economy has suffered alongside other oil-producing nations, as global prices have declined in tandem with reduced demand. With continued exploration and new projects coming on-line, the country has its eyes on increased oil production for local use and export to jump-start the economy. Accra remains an attractive base of operations for international oil and gas companies given its affordability, security and accessibility. Ghana’s energy consumption continues to expand, underlining the urgency of boosting generation capacity and access to power.

Recent Economic News Updates in Ghana:

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